The chart shows BTC1h

The current price experienced a significant rebound at 7 AM today, and our short position avoided a loss due to the profit from quantitative trading, exiting with only a small profit. Aside from marveling at the capabilities of quantitative trading, for manual traders, the current market seems to have returned to a consolidation range, with a small direction of rebound and a larger direction of decline, creating a conflict.

Especially the MACD indicator, the upward momentum began to increase sharply at 7 AM and has not yet released. At this time, trading is not recommended; attention should be paid to the further development of the market.